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Nifty above 10,850 mark; Bharti Airtel down 1%

Equity indices started the session on a marginally positive note tracking most Asian markets and led by gains in shares of fast moving consumer goods companies and private sector banks.

At 10:26 AM, the BSE Sensex was trading at 35,431, up 166 points, while the broader Nifty50 index was ruling at 10,854, up 38 points.

The Nifty FMCG index rose 0.5% and were the top performing sectoral index in early trade led by near 1% gains each in shares of ITC and Hindustan Unilever. ITC is scheduled to detail its Oct-Dec earnings today.

Private banking stocks were also among the top gainers with those of Yes Bank up 1.8%.

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